Treasury Wine Estates Limited (OTCMKTS:TSRYY) Short Interest Update

Treasury Wine Estates Limited (OTCMKTS:TSRYY) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 41,700 shares, an increase of 262.6% from the March 15th total of 11,500 shares. Based on an average daily volume of 735,900 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup downgraded Treasury Wine Estates to a “neutral” rating in a research note on Wednesday, April 2nd.

Treasury Wine Estates Stock Down 4.2 %

TSRYY stock traded down $0.23 during trading on Wednesday, reaching $5.19. The company had a trading volume of 551,698 shares, compared to its average volume of 319,884. Treasury Wine Estates has a twelve month low of $4.93 and a twelve month high of $8.63. The firm has a 50-day simple moving average of $6.24 and a 200-day simple moving average of $6.95.

Treasury Wine Estates Increases Dividend

The company also recently declared a dividend, which was paid on Monday, April 14th. Shareholders of record on Friday, March 7th were given a dividend of $0.0381 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a yield of 3.25%. This is a boost from Treasury Wine Estates’s previous dividend of $0.04. Treasury Wine Estates’s payout ratio is currently -65.14%.

Treasury Wine Estates Company Profile

Treasury Wine Estates Limited operates as a wine company primarily in Australia, New Zealand, Asia, Europe, the United Kingdom, the Middle East, Africa, and the Americas. The company engages in the viticulture and winemaking; and marketing, sale, and distribution of wine. Its wine portfolio includes luxury, premium and commercial wine brands, such as 19 Crimes, Acacia Vineyard, Annie's Lane, Beaulieu Vineyard, Belcreme de Lys, Beringer Vineyards, Blossom Hill, Cavaliere d'Oro, Coldstream Hills, Devil's Lair, EMBRAZEN, Etude, Fifth Leg, Heemskerk, Hewitt Vineyard, Ingoldby, Jamieson's Run, Killawarra, Leo Buring, Lindeman's, Maison de Grand Esprit, Matua, Penfolds, Pepperjack, Rawson's Retreat, Rosemount Estate, Run Riot, Saltram, Samuel Wynn & Co, Secret Stone, Seppelt, Shingle Peak, Sledgehammer, Squealing pig, St Huberts, Stags' Leap Winery, Stellina di Notte, Sterling Vineyards, T'Gallant, The Walking Dead Wine, Wolf Blass, Wynns Coonawarra Estate, and Yellowglen.